state two factors which influence the buyer's behaviour
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Explanation:
Psychological Factors. Human psychology is a major determinant of consumer behavior. ...
Social Factors. Humans are social beings and they live around many people who influence their buying behavior. ...
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Two factors that influence the buyer's behavior are the prices of the products, and their personal preferences.
Explanation:
- The decision regarding the behavior of buyers is dependent on various factors.
- The most common factors of these are the prices of the product and the personal preferences of the buyer.
- If the prices of a product are high, a regular buyer will avoid buying that product. Instead, he will buy something that is cheaper.
- Similarly, a person will prefer buying a product that he has already used and generally preferred over on product that has been recently launched.
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